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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. Last month, Gilbert sought an IPO for $3.3 which is owned by Gilbert.

Cleveland 233
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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

Despite the rise of e-commerce and mobile, the physical channel still plays an important role in consumer experience — and retailers are increasingly leveraging technologies to stay afloat. Cashier-less technology is one of the latest trends to dominate conversation. The technologies supporting a cashier-less environment.

Retail 71
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Dwolla Raises Capital, Relaunches Access API

Fintech Labs Insights

Calling this “part of our DNA,” Milne wrote that the new opportunities Dwolla’s technology has created have “come with growth and the need to finance it.” Milne wrote that the investment will be used to expand Dwolla’s sales and account management operations in Des Moines, Iowa.

Capital 12
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Advanced Manufacturing Market Map: 110+ Startups Making Factories More Efficient

CB Insights

Advanced manufacturing ― technologies for more efficient, customizable, automated, or digitized manufacturing and supply chains ― has matured into a sector that received more than $3B in funding in 2016. Warehouse & packaging robotics — Automated and remotely controlled robots for order picking and inventory management.

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Bright Paths Students Demonstrate New Skills with Incredible Variety of Apps

Perficient

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Technology Stack: PostgreSQL, Flask, SQLAlchemy, React, Material UI, ChartJS.

Milwaukee 348
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How Smart Cities Will Vacuum Up Data — And Attempt To Protect It

CB Insights

As technologies emerge to make these urban spaces more connected, a lot of data is being generated. Get a data-driven look at the startups and industry players developing smart city technologies. Get a data-driven look at the startups and industry players developing smart city technologies. get the 48-page smart cities report.

Data 72
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15 Minutes With … Scott Badley

Independent Banker

Scott Badley says his informal work attire matches his casual management style. But a couple are pushing up against the metro Detroit area. We complement that with a compliance committee of all those regulation owners (mostly department managers) who meet at least monthly to discuss compliance issues. Scott Badley.